First Allied Advisory Services Inc. reduced its stake in Consumer Discretionary SPDR (NYSEARCA:XLY) by 4.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,794 shares of the exchange traded fund’s stock after selling 3,129 shares during the period. First Allied Advisory Services Inc. owned 0.05% of Consumer Discretionary SPDR worth $6,776,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Swan Global Investments LLC raised its stake in Consumer Discretionary SPDR by 6.4% in the third quarter. Swan Global Investments LLC now owns 4,190,097 shares of the exchange traded fund’s stock worth $376,019,000 after buying an additional 252,615 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Consumer Discretionary SPDR by 20.5% in the third quarter. Ameriprise Financial Inc. now owns 1,924,107 shares of the exchange traded fund’s stock worth $173,334,000 after buying an additional 327,378 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Consumer Discretionary SPDR by 138.7% in the third quarter. JPMorgan Chase & Co. now owns 1,575,851 shares of the exchange traded fund’s stock worth $141,417,000 after buying an additional 915,623 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Consumer Discretionary SPDR by 9.4% in the third quarter. Janney Montgomery Scott LLC now owns 1,036,177 shares of the exchange traded fund’s stock worth $93,339,000 after buying an additional 88,902 shares in the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives bought a new position in Consumer Discretionary SPDR in the third quarter worth about $50,175,000.
Consumer Discretionary SPDR (NYSEARCA XLY) opened at $105.30 on Friday. Consumer Discretionary SPDR has a one year low of $85.65 and a one year high of $109.34. The stock has a market cap of $13,390.00 and a PE ratio of 14.06.
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About Consumer Discretionary SPDR
Consumer Discretionary Select Sector SPDR Fund seeks to provide investment results that correspond generally to the price and yield performance of the Consumer Discretionary Select Sector Index (the Index). The Index includes companies from the following industries, media; retail (specialty, multiline, Internet and catalog); hotels, restaurants and leisure; textiles, apparel and luxury goods; household durables; automobiles; auto components; distributors; leisure equipment and products; and diversified consumer services.
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